Tuesday, March 4, 2008

Watchlist: Imperial Sugar, IPSU & IPSUW

One of the traders who rode this from 23 to 50 mentioned this other day as its made a roundtrip back to its lows. The common trades around 19.80 and the warrants expiring in Aug of 2008 trade around 2.85.

Jim Rogers likes to mention that sugar is one of the few commodities trading 60% below its all time high so here's one to keep an eye on if it gets a move on.

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